Smurfit Westrock Reports Fourth Quarter and Full Year 2024 Results

Silgan Holdings Inc. announced that it completed its acquisition of the dispensing business of the Albéa Group. This business is a leading global supplier of highly engineered pumps, sprayers and foam dispensing solutions to major branded consumer goods product companies primarily in the beauty and personal care markets. It operates a global network of 10 plants across North America, Europe, South America and Asia. This business generated sales of approximately $395 million in 2019. The purchase price for this acquisition was $900 million, subject to adjustments outlined in the purchase agreement for this acquisition. The Company funded the purchase price for this acquisition and related costs and expenses through term and revolving loan borrowings under its senior secured credit facility, including a $900 million delayed draw term loan.

Mondi, a global leader in packaging and paper, has developed a recyclable high-barrier packaging solution for Norwegian pet food manufacturer Felleskjøpet, that keeps material in circulation and avoids waste. Felleskjøpet is using Mondi’s FlexiBag Recyclable, a pre-made mono-material polyethylene (PE) bag, for the relaunch of its Appetitt range of dry cat and dog foods. It will replace the previous unrecyclable multi-layer solution, delivering packaging that is designed for recycling, according to CEFLEX D4ACE guidelines, and is recyclable in existing Norwegian plastic recycling streams. Mondi’s FlexiBag Recyclable provides excellent product protection and preserves the premium pet food, thanks to its high barrier material. A slider enables easy opening and closing for the bigger bags to ensure long-lasting freshness, while a handle allows for convenient transportation. FlexiBag Recyclable has excellent print qualities that guarantee good visibility on-shelf and can communicate all product and recycling information clearly.

IPG (Intertape Polymer Group) and IMA GROUP with its new E-COMMERCE Division, proudly announce their joint participation at MODEX 2024, one of the premier events dedicated to Supply Chain solutions. The exhibition, to be held March 11-14, 2024, in Atlanta, GA, brings together industry experts, innovators, and businesses from around the world to exchange ideas and explore the latest trends and technologies. IPG is a recognized leader in the development, manufacture, and sale of a variety of paper and filmbased pressure-sensitive and water-activated tapes, stretch and shrink films and protective packaging. IMA E-COMMERCE, born in January 2023 in response to the growing demand of the E-Commerce market, is an innovator in the E-Fulfillment and Intralogistics packaging solutions.